VATupdate
VAT

Romania has EU’s largest ‘VAT Gap’

As in 2017, Romania recorded the highest national VAT Gap with 33.8 per cent of VAT revenues going missing in 2018, followed by Greece (30.1 per cent) and Lithuania (25.9 per cent). The smallest gaps were in Sweden (0.7 per cent), Croatia (3.5 per cent), and Finland (3.6 per cent).

Source: emerging-europe.com

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